SlatorCon Zurich is now SOLD OUT — See you on October 4th!
Naxicap exits European language service provider Acolad. Private equity fund Qualium Investissement takes minority stake as Acolad CEO’s family reinvests to become majority owner.
Serial acquirer Acolad buys Livewords in a move to further consolidate the language industry in Western Europe.
Slator tracked over 70 language industry M&A transactions and reviewed the next steps founders took after selling their business.
The Slator 2019 Language Service Provider Index features the largest LSPs in a Leaders Index and the midfield in a Challengers Index.
Paris-headquartered Technicis folds 9 of its 12 brands into newly created Acolad Group. After 2018 M&A spree, group’s revenue base now over 2.5 times larger than in 2017.
PE-backed Technicis acquires Finland’s AAC Global, pushes into lucrative Nordic market. Deal marks fourth acquisition in 2018, putting Technicis on track for nearly USD 140 million in 2018 pro-forma revenues.
Language industry deal maker Technicis acquires rival HL Trad in second acquisition in three months. Bringing the France-based, Legal and Financial LSP into its fold lifts Technicis to pro-forma revenues of nearly USD 80m.
Benjamin du Fraysseix, CEO of Technicis, gave his perspective on M&A during a presentation to the SlatorCon London audience in May 2018. Du Fraysseix has been a practitioner of the art and science of M&A, having led the company through multiple acquisitions since 2012.
Senior managers join SOS International, Testronic Laboratories, Translation Probst, and Delingua Language Services.
Another Swiss-based language service provider changes hands as more and more outside competitors move into the high-priced Swiss market. Apostroph CEO Philipp Meier to remain and become shareholder in combined group.
CEO of Zurich-based Supertext relocates to Los Angeles to develop the company’s business with US clients. Revenues increased by 25% this year and are set to hit USD 8m in 2016.
Translation-Probst has a new Managing Director for Switzerland; Craft Translation, a new Director of Vendor Management for the McCann Group in London; and HL Trad, a new Head of Business Development for Germany.
After selling a majority stake to EUR-2bn French private equity firm Naxicap Partners, Paris-based language service provider Technicis enters the Swiss market by acquiring Translation-Probst; projects EUR 32m in revenue for 2016.
Slator Weekly: Join over 15,800 subscribers and get the latest language industry intelligence every Friday
Tool Box: Join 10,000 subscribers for your monthly linguist technology update.
Your information will not be shared with third parties. No Spam.
This will close in 0 seconds